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Moniker Manufacturing's bonds were recently issued at their $1,000 par value. At any time prior to maturity (20 years from now), a bond holder can
Moniker Manufacturing's bonds were recently issued at their $1,000 par value. At any time prior to maturity (20 years from now), a bond holder can exchange a bond for a share of common stock at a conversion price of $44. What is the conversion ratio
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